The Federal Reserve Bank of Kansas City's Payments
System Research Department's publications cover a range of topics,
including types of payments methods, developments in payments
networks, and various participants' roles in the payments system. This
site provides links to those publications.
- International Remittances
- 12/08 by Terri
Bradford
This article describes some of the means by which individuals remit funds internationally -- informal networks, money transfer operators, financial institutions and other options -- and discusses some of the factors that may influence the choice of provider.
- Developments in Merchant Acquiring
- 09/08 by Terri
Bradford and Christian Hung
This article discusses the origin and roles of merchant acquiring; the models for acquiring; and relevant developments in legislation, PCI compliance, and the Single Euro Payments Area.
- Developments in Interchange Fees
in the United States and Abroad - 05/08 by Terri
Bradford and Fumiko Hayashi
This article provides an update on developments in interchange fees in the United States and recent public authority involvement in interchange fees abroad.
- The Evolution of the ACH - 12/07 by Terri
Bradford
This article by Terri Bradford summarizes the beginnings of the ACH, exciting changes underway today, and possible further changes in the future.
- Complex Landscapes: Mobile Payments
in Japan, South Korea, and the United States - 10/07 by Terri
Bradford and Fumiko Hayashi
This article provides and overview of the mobile payments landscape in Japan and South Korea and discusses developments in the United States.
- Stored-Value Cards: A Card for
Every Reason... - 06/07 by Terri Bradford
This article discusses the various uses of stored-value cards and the different degrees of their use and acceptance four years after their introduction.
- Paper, Plastic......or Phone? - 12/06 by Terri Bradford
This article examines mobile-phone payment and banking alternatives in the United States. It explores prospects for growth, available technologies, and the outlook for one or more technologies coming to dominate the market.
- The U.S. Retail Payments System in
Transition: Federal Reserve Initiatives - 08/06 by Barbara S.
Pacheco
This article explores the changing landscape of U.S. retail payments: trends, the Fed's role, and the future of payments.
- Payments Fraud: Consumer Considerations - 05/06 by Terri Bradford
and Bruce Cundiff
This article examines the potential for fraud associated with various "traditional" payment methods and the protective measures that consumers should take when using them.
- Contactless: The Next Payment Wave? - 12/05 by Terri Bradford
This article explores the evolution of contactless payments, whose use will likely increase and could have an important impact on the payments landscape.
- Who's Processing Your Payments? - 08/05 by Terri Bradford and Stuart Weiner
This article looks at the many roles nonbanks play in payments activities and the oversight questions that arise as a result.
- Early Experience with Check 21 - 04/05 by Larry Taft and Nathan Halmrast
This article looks at some of the early developments since the Check 21 law became effective and some of the remaining barriers to a more efficient and electronic check clearing system.
- Payment Types at the Point of
Sale: Merchant Considerations - 12/04 by Terri Bradford
There are various costs associated with accepting alternative payment types. The costs associated with these payment types are a serious merchant consideration.
- Payment Services and the Evolution
of Internet Banking - 08/04 by Richard J. Sullivan
A review of bank Web sites conducted by Payments System Research staff shows how essential online banking has become to the payments system.
- A New Era - 03/04 by Stuart E. Weiner
The U.S. Payments System has entered a new era — one that is witnessing a marked decline in the use of paper checks and a sharp increase in the use of electronic payments.